Jeh Aerospace raises $11 million in round led by Elevation Capital
Jeh Aerospace, which also operates out of Hyderabad, said it has delivered over one lakh flight components and tools and secured $100 million in long-term contracts. The company plans to use the fresh capital to strengthen its operations and expand its workforce. 'We will be investing significantly in our capabilities from this round across operations and technology and continue building strong teams in the US and India,' said CEO Vishal Sanghavi.He said the company uses software-defined manufacturing, which combines automation, artificial intelligence (AI), and advanced software to build flexible and reliable production systems that can produce high-quality aerospace parts at scale.
The fundraise comes as Indian aerospace startups ramp up research, manufacturing, and hiring to support global supply chains amid shifting geopolitical dynamics. Venture investors are also showing growing interest in the sector.
Earlier this year, Sarla Aviation raised $10 million in a round led by Accel, while Rangsons Aerospace secured Rs 300 crore to scale up its manufacturing and development capabilities.
Jeh Aerospace had earlier received funding from IndiGo Ventures, the venture capital arm of India's largest airline, IndiGo, as part of its maiden Rs 450 crore fund. The company was founded by Sanghavi, a former chief operating officer at Tata Boeing Aerospace, and Venkatesh Mudragalla, who previously led programme management and operations at Tata Sikorsky Aerospace.
In January 2024, Jeh Aerospace raised $2.75 million in a seed round led by General Catalyst. The round also saw participation from Pratyush Kumar, former president of Boeing India, and Dwarakanath Srinivasan, former CEO and managing director of Airbus India.
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